Bioelectronics Corp (BIEL)

[misanthrope]

Fortunately, not at all a credible source. It would be bad news for commons if a buyout took place at this juncture, particularly with the current share structure. Commons would walk away skunked. If we accept 25 billion as current shares, a penny per share would bag $250 million, and no company in its right mind would choke up that price for BIEL. When the range gets into more reasonable levels, what's left for shareholders is less than a good flip would net.

When tout sheets get moving like this, generally a P&D is coming. That would be preferable to a buyout at the moment; would give some the chance to sell for profits, and buy back in on the inevitable drop when the touters have made their share of dollars. BIEL has been a great cash cow for flippers for years - has everything required: (1) massive dilution; (2) periods of unrestrained hype and unfulfilled hope; (3) heavy volume days; and (4) inevitable price spikes followed by drops back to trips.

Even if there were competitive bidders for BIEL (highly doubful), would Andy be smart enough to take advantage? He doesn't care about shareholders (I believe he refers to them as 'whiners'), and he will make money no matter what deal is structured, but he has also reputedly turned down decent offers, so he clearly isn't the sharpest tool in the shed.......